This Business News Story Was Uncovered By Us From: http://www.youngupstarts.com/2019/09/26/why-your-fear-of-taking-vacation-is-holding-back-your-success/
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by Maureen Gharrity, CEO and founder of Finding Your Way Coaching
A staggering 52% of Americans leave vacation time on the table each year, which amounts to over 200 million vacation days or $66 billion in lost benefits a year.
Moreover, the cost to the economy is a surprising $67 Billion in lost spending, $160 Billion in business sales across the U.S, and $52B in extra wage income.
Corporations continue to invest more and more each year on employee wellness programs, but a recent study found these programs have little effect on long-term wellness.
And with entrepreneurs and those who work for themselves, not taking a vacation can end up being more expensive than a vacation itself because of lost productivity from burnout.
Quality time with family and friends is one of the most important values held by business people, whether they work for a company or for themselves. The lack of time away, actually increases stress and illness while taking a big toll on families and the relationships within them.
As an executive coach with over a decade of experience coaching high performers, I’ve seen this over and over in my work with clients – both entrepreneurs and executives in a variety of industries – and the approach is the same. The feeling that it is not okay to take time off is a significant obstacle in your productivity and performance.
Here are three of the most common excuses I hear for shunning time off, and what to do instead.
“I’m afraid I’ll fall behind”.
One of the reasons that people don’t take time off is the fear of falling behind. People think they are so busy these days, both at work and at home, that the catch-up stage after the vacation just seems not worth it. This is actually o… Read More
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